David Farr replaces Charles Knight as Emerson's chief executive officer

Article Abstract:

The chief executive officer of Emerson Electric Co., Charles F. Knight, resigned from his post after 27 years. Knight will be replaced by David N. Farr, Emerson's chief operating officer.

Other Electrical Equipment and Component Manufacturing, Electronics, Electronic Components and Accessories, Electronics industry, Emerson Electric Co., EMR, Knight, Charles F., Farr, David N.

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Conseco gives CEO rich severance, continuing pattern

Article Abstract:

Conseco Inc. has provides outgoing chief executive William J. Shea with an enormous severance package. The company can hardly afford such largesse. Its stock value has dropped by a third since September 2003.

Financial management, Personnel administration, INSURANCE CARRIERS, Human resource management, Finance, Insurance industry, Compensation and benefits, Executives, Company personnel management, Company financing, Conseco Inc., Shea, William J.

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Kraft to bolster European lineup in deal for part of United Biscuits

Article Abstract:

Kraft Foods Inc. is acquiring part of United Biscuits Ltd. in a $1.1 billion deal, giving Kraft control of some European brands. Under new CEO Irene B. Rosenfeld, Kraft is expected to introduce new brands in a bid for higher profits.

United Kingdom, Europe, Acquisitions & mergers, FOOD AND KINDRED PRODUCTS, Bakery Products, Mergers, acquisitions and divestments, Food industry, Company acquisition/merger, Baked products industry, Baked goods industry, United Biscuits Ltd., Kraft Foods Inc., Food and beverage production/distribution software, Rosenfeld, Irene

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